Friday, March 29, 2013

The forgotten subject

"Economist Narendra Jadhav once opined that the widespread ignorance of some of the Indian economic thoughts is because of the “intellectual slavery of the Indian society”. The future direction of the history of Indian economic thought depends on how open minded economists broaden the logical thinking with sound reasoning.

Excluding original contributions made by our own thinkers and economists is unethical and would result in collective failure to draw the right lessons from our antiquity, which is detrimental to the development of the discipline itself. The dynamic political economy of today needs many of the economic thoughts that were propounded by our early nation builders and thinkers to set this nation straight, again. Time will tell us how we move from here."